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The types of coal found in New Zealand include lignites, sub-bituminous, bituminous and semi-anthracite coals. [3] However, the geology of many coal fields can be complex, with significant structural tectonic disturbances caused by many fields being found near the boundaries between the Pacific and Indo-Australian tectonic plates that run through the country. [3]
Tacon is the chairperson of the Coal Association of New Zealand. [7] In November 2010 Bathurst Resources listed on the NZX (New Zealand's Exchange), in addition to its ASX listing. With a background of falling coal prices, following the Global Financial Crisis, the company delisted from the NZX on 3 July 2015 as a cost saving measure.
It was also noted that, apart from being difficult to replace as a source of power (due to New Zealand's annually growing generation demand, especially around Auckland), such a decision would also be uneconomical for the foreseeable future, even if coal prices were to rise. [17]
New Zealand Coal Production, 1878 - 2014. [10] Coal mining produced almost 4 million tonnes of coal in 2014, of which 44% was exported. [10] In 2016 it was down to 2,834,956 tonnes, [11] very similar to production in 2020. [12] New Zealand coal reserves are in excess of 15 billion tonnes, mainly in Waikato, Taranaki, West Coast, Otago and ...
The contract would set the price of coal at $40 per ton until 2027, when the price would increase to $44.50 per ton and $46.75 per ton in 2028; however, the contract would not include the cost of ...
The company was formed from the former government department State Coal Mines. It was then established as a state owned enterprise called Coal Corporation in 1987 (known as Coalcorp), [2] and renamed Solid Energy New Zealand Limited in 1997. In 2015, it had a turnover of NZ$369.8 million and produced 2.8 million tonnes of coal. [1]
It is the only part of New Zealand which has a distinct regional accent (shared with most rural parts of Otago), characterized in particular by a rolling 'r'. [36] Food-wise, cheese rolls are a Southland specialty [37] and swedes are a popular vegetable, prepared and eaten as are pumpkin and kumara (sweet potato) elsewhere in New Zealand. [38]
In 2021, New Zealand's Total Energy Supply (TES) amounted to 829.3 petajoules (PJ), marking an 11% increase compared to 2011. The energy supply composition highlighted a diverse range of sources, with renewables being the largest contributor at approximately 42%, followed by oil at 34%, natural gas at 17%, and coal contributing about 7%.
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